Dean Bradley, the CEO of Quasar Aerospace Industries, Inc., having just returned from Mineseeker headquarters in England, announces on behalf of Mineseeker Overseas Operations, LTD, that a short term delay in deploying to Croatia for the radar demonstration has occurred. This is due, primarily to logistical issues beyond the control of the company. Chairman, Michael Kendrick, has stressed that this is only a short term postponement. Interested parties should refer to www.mineseeker.com, where regular updates will be posted from next week (19th July) onward. Mr. Kendrick added that Wayne Rudd, who was the Chief Executive of one of our key technology suppliers, died suddenly and tragically last week which has also led to an inevitable delay. Mineseeker Overseas Operations, LTD attended the funeral and have had subsequent meetings with board members, who are keen to resume the project as soon as possible.

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